SRT Marine Systems PLC New Coast Guard System Operational
19 April 2023 - 4:00PM
RNS Non-Regulatory
TIDMSRT
SRT Marine Systems PLC
19 April 2023
REACH
SRT MARINE SYSTEMS PLC
(AIM: SRT)
("SRT" or the "Company")
New Coast Guard System Operational
SRT Marine Systems plc ('SRT'), a global provider of maritime
domain awareness systems and technologies for surveillance,
security, safety and environmental protection is pleased to advise
that a new vessel monitoring and inspection co-ordinating system
contracted and announced in November 2022, is now operational.
This small system was contracted to SRT in November 2022, with
an expected end to end delivery period of 6 months. The initial
deployment phase was completed in January 2023, with
operationalisation of the system undertaken in the subsequent
months.
The system is owned and operated by a single national coast
guard but serves multiple national agencies. The system uses a
basic tactical version of the SRT-MDA system to deliver a single
platform that integrates basic vessel tracking and identification
information across multiple national agencies along with vessel
inspection co-ordination functionality.
Simon Tucker, CEO of SRT Marine Systems, commented:
"The modular flexibility of the SRT-MDA System enables us to
accommodate both tactical and strategic needs of customers to suit
their present-day operational and budget requirements, whilst also
delivering a future proof platform which can expand over time. This
Coast Guard has taken its first steps with SRT on its strategy to
build its own independent maritime surveillance and intelligence
capabilities in order to deliver significant increases in
operational effectiveness and efficiency."
For further information, please contact:
SRT Marine Systems plc www.srt-marine.com
+ 44 (0) 1761 409500
Simon Tucker (CEO) simon.tucker@srt-marine.com
Louise Coates (Marketing Manager) louise.coates@srt-marine.com
finnCap Ltd (NOMAD & Broker)
Jonny Franklin-Adams / Teddy Whiley
(Corporate Finance) +44 (0) 20 7220 0500
Tim Redfern / Charlotte Sutcliffe (ECM)
About SRT Marine Systems plc:
SRT Marine Systems PLC is an established leader in the growing
global market for maritime domain awareness. We provide advanced
technologies, products and systems that enhance maritime safety,
security and environmental protection and sustainability. Our
customers range from governments to vessel owners around the
world.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRANKFBQPBKDOQD
(END) Dow Jones Newswires
April 19, 2023 02:00 ET (06:00 GMT)
Srt Marine Systems (LSE:SRT)
Historical Stock Chart
From Apr 2024 to May 2024
Srt Marine Systems (LSE:SRT)
Historical Stock Chart
From May 2023 to May 2024